Bayview Acquisition Corp. (NASDAQ:BAYA) Sees Large Decrease in Short Interest

Bayview Acquisition Corp. (NASDAQ:BAYAGet Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 26 shares, a decline of 90.6% from the April 30th total of 277 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,244 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Bayview Acquisition in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Bayview Acquisition

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bayview Acquisition stock. Polar Asset Management Partners Inc. acquired a new position in Bayview Acquisition Corp. (NASDAQ:BAYAFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 112,811 shares of the company’s stock, valued at approximately $1,331,000. Polar Asset Management Partners Inc. owned about 3.25% of Bayview Acquisition as of its most recent filing with the Securities and Exchange Commission.

Bayview Acquisition Trading Down 3.1%

Bayview Acquisition stock opened at $12.35 on Thursday. The business’s 50 day simple moving average is $11.95 and its 200 day simple moving average is $11.77. Bayview Acquisition has a 12 month low of $10.81 and a 12 month high of $13.50.

Bayview Acquisition Company Profile

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Bayview Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and trading on the Nasdaq under the symbol BAYA. The firm was formed to raise capital through an initial public offering of units comprised of Class A ordinary shares and warrants. As a blank‐check company, Bayview Acquisition’s primary objective is to complete a merger, stock purchase, asset acquisition or similar business combination with one or more businesses.

Bayview Acquisition focuses on identifying and partnering with companies in the global travel, leisure, hospitality and related technology sectors.

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